Hungarian State Secretary for Foreign Affairs and External Economic Relations Péter Szijjártó met Indian officials in Delhi on Thursday to explore setting up a joint financial fund to support economic cooperation between the two countries' small and medium-sized businesses.
The two sides also agreed to step up cooperation in vehicle parts manufacturing, farm technology and renewable energy research.

The State Secretary met the co-chairman of the Hungarian-Indian Joint Economic Committee Saurabh Chandra, State Secretary for Foreign Affairs Preneet Kaur and Executive Director of the Automotive Component Manufacturers Association (ACMA) Vinnie Mehta.

On Friday, Szijjártó travels to Mumbai to meet the President of the Bombay Chamber of Commerce and Industry (BCCI) Neera Saggi, the CEO of the city's stock exchange Ashishkumar Chauhan and B. Muthuraman, the Vice-Chairman of the TATA group.

State Secretary Szijjártó is also preparing Prime Minister Viktor Orbán upcoming official visit to India in October.